Data Residency – Do you know where your data resides?
In Cloud Computing, Data Residency is the physical location of the company’s data stored in specific places or countries. It is also necessary for a Cloud Service to abide by laws & regulations of the country where the data is stored, i.e. demonstrating Data Residency.
It is a rising concern as 74% of Cloud Services do not meet Data Residency Requirements and if left ignored, it might create major security issues in the operations of the company. Legal requirements for residency are different from country to country.
Companies that offer Data Residency with GDPR (General Data Protection Regulation) and CCPA (California Consumer Privacy Act) provides better cloud application with enhanced security for their users now and in the future.
Importance of Data Residency :
- Customer Expectations – Everyone knows how much Data Privacy is important for their businesses but supporting Data Residency features shows that the Cloud Service Provider respects their privacy and also can meet regional privacy guidelines and regulations.
- Regional Differences – In the next five to ten years, laws related to privacy might change according to different regions and locations. Therefore, it is important that your service provider supports Data Residency and keeps you informed about how and exactly where your data is being stored and processed.
The reader is encouraged to focus on a few points :
- Stay aware and informed as polices and guidelines keep on evolving.
- Look for transparency that how the data is being processed , used , stored and backed-up.
- Check if the Cloud Service Provider demonstrates in which location is your sensitive data residing.
- Be free to discuss and address this issue and transfer issues.
DCirrus’s Virtual Data Room application supports Data Residency Requirement and also maintains transparency as :
- User can easily select the region while registering or signing up.
- Demonstrates its users exactly where their data is being stored. Shows 4 Regions
– US East (N. Virginia), Asia Pacific (Mumbai), Asia Pacific (Singapore), and EU(Frankfurt).
Many organizations may encrypt your data with various security tools but might not show how and where your data is kept safe so if you want to know where your data is residing across borders and also want to prevent your business from security risks then switch to DCirrus for a reliable data solution.